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20th Feb 2023 15:15U.S., Daily Monitor

  • Businesses debt service costs will rise this year, but they are unlikely to reach previous recession levels.
  • Balance sheet rebuilding, cash accumulation, and the locking-in at low rates will limit the damage.
  • The Homebase small business employment data signal a 200K increase in February private payrolls.

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Keywords for: 21 Feb 2023 US Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence